Coinsquare Review: Safe Crypto Exchange? What I Found Out #criptocurrency #cripto
► Read our long form review here: https://www.coinbureau.com/review/coinsquare/
► Get $20 Bonus Here: https://www.coinbureau.com/out/coinsquareex
► QuadrigaCX Debacle: https://en.wikipedia.org/wiki/Quadriga_Fintech_Solutions
► Time Stamps ⏰
0:32 Exchange Overview
1:06 QuadrigaCX Scandal
1:22 Coinsquare Security
1:54 Asset Coverage
3:00 Deposits / Withdrawals
3:57 KYC Requirements
4:23 Trading Platforms
5:00 Mobile Apps
5:10 Customer Support
► Overview 📝
Coinsquare was established in 2014 and they are based in Toronto. There are over 100,000 accounts on the exchange and they have grown to be one of the biggest.
They have expanded both geographically and across business lines.
They claim to operate advanced security protocols including cold wallet storage, DDoS mitigation and advanced ledger management. They also give users tools like 2FA.
They have currently listed 10 cryptocurrency assets.
Coinsquare operates a maker-taker dynamic with their fee structure. They are 0.1% for a maker fee and 0.2% for a taker fee. This is on the main exchange.
If you are going to be trading with the quick trade fee this is 0.2% – 0.4%.
Funding options include: wires, credit cards, Interac, Bank Drafts, Flexepin and Money Orders.
All are free except credit card funding the garnered a 10% fee.
Withdrawals can use the same methods and fees are between 1-2%. The time that these fiat transfers take depends on the method used but they range from 1-9 days.
Coinsquare is a full KYC exchange and you will have to complete identity verification (takes about a day).
There are two platforms at Coinsquare. These are the quick trade for executing orders immediately and easily. There is also the advanced trade platform with order books etc. that is for the more professional traders.
There is a Coinsquare mobile app that is available on iOS and Android.
Customer support is reasonable and can be reached through their support tickets or through a live chat.
► Warning!! ⚡️
Always Do Your Own Research when trading cryptocurrencies. They are very risky and you should practice prudent risk management.
► Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#Bitcoin #Ethereum #Coinsquare #Trading #QuadrigaCX #CAD #crypto #Canada